Invesco CurrencyShares British Pound Sterling Trust
53 hedge funds and large institutions have $97.4M invested in Invesco CurrencyShares British Pound Sterling Trust in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
6% more funds holding
Funds holding: 50 → 53 (+3)
2.04% more ownership
Funds ownership: 41.36% → 43.4% (+2%)
26% less capital invested
Capital invested by funds: $131M → $97.4M (-$34.1M)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
60% less call options, than puts
Call options by funds: $22.1M | Put options by funds: $55M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
+$36.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$18.9M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.23M |
| 4 |
FSA
Financial Sense Advisors
San Diego,
California
|
+$1.1M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$764K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$29.3M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$6.78M |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$5.77M |
| 4 |
CG
Cutler Group
San Francisco,
California
|
-$2.72M |
| 5 |
HT
HAP Trading
New York
|
-$2.22M |
FXB Hedge Fund Activity: Q1 2017 in Review
53 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares British Pound Sterling Trust (FXB) for Q1 2017, worth a combined $97.4M — down 26% from $131M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FXB positions and 5 closed out — a net gain of 4 holders — while 10 added to existing stakes and 16 trimmed.
The largest buyer was Credit Agricole, opening a new position worth an estimated $36.4M. The largest seller was Bank of America, cutting an estimated $29.3M.
- 53 institutional investors held Invesco CurrencyShares British Pound Sterling Trust (FXB) as of Q1 2017, up from 50 in Q4 2016.
- Funds reported $97.4M of Invesco CurrencyShares British Pound Sterling Trust stock for Q1 2017, down 26% quarter-over-quarter.
- 9 funds opened new Invesco CurrencyShares British Pound Sterling Trust positions in Q1 2017 and 5 closed out, a net change of +4 holders.
- The largest Invesco CurrencyShares British Pound Sterling Trust buyer in Q1 2017 was Credit Agricole, an estimated $36.4M added.
- The largest Invesco CurrencyShares British Pound Sterling Trust seller in Q1 2017 was Bank of America, an estimated $29.3M sold.
Based on aggregated 13F filings for Q1 2017.